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Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?

To: EddieMacG who wrote (1407)3/2/1999 10:29:00 PM
From: haler  Respond to of 2693
 
EddieMacG-
I don't think you will be sorry. G*, will more then make up for a total loss in Iridium, if that should occur, although I can't see that happening. ING is calling for G* at $30 by year end. I believe, if all goes well we will see closer to $50 for G* and maybe mid $30's for IRID by year end, assuming they sell some handsets. I expect Irid will capture some Corporate accounts to keep them afloat till their next generation, I2.



To: EddieMacG who wrote (1407)3/3/1999 7:38:00 AM
From: haler  Read Replies (1) | Respond to of 2693
 
EddieMacG-

While your at it, you might want to add 1,000 ICO to complete your Global Telecommunications holdings. ICOGF trading between $10-11. I think they will be at $20 by year end. They are MEO satellites, approx. 7 for global coverage, and each satellite has a 15 year life. So they will be another low cost provider but their will be some voice delay. Quality won't be as good a G*, but they should do well based on pricing and "true" global coverage.


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